Screenless Display Market Size Will Reach USD 16.05 Billion
Newark, Oct. 04, 2022 (GLOBE NEWSWIRE) — Report by The Brainy Insights shows the global non-screen display market is expected to grow from $2.3 billion in 2021 to $16.05 billion by 2030 , with a CAGR of 24.1% over the forecast period 2022-2030.
A screenless display is a projection-based display that uses digital light processing, a mobile operating system, and a wireless network. These technologies are used in a screenless display to help users display any content on any surface using a small, portable, wireless device. The display surface can be anything, such as a wall or table in an office, the exterior of a camping tent, the ceiling of a room, a kitchen, a house, or even a door frame. . Technological innovations in screenless displays contribute to better market development. Soon, the existing display technology and touch screen technology will be replaced by screenless technology in tablets, smartphones and computers for better display quality.
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The screenless display will help solve problems at a higher level and make life more convenient. Technological advancements in Augmented Reality (AR), Mixed Reality (MR) and Virtual Reality (VR) are helping to create a new world in which physical and virtual elements are blended to provide better visual options for customers.
Competitive Strategy
To strengthen their position in the global screenless display market, the major players are now focusing on adopting strategies such as product innovations, mergers and acquisitions, recent developments, joint ventures, collaborations and partnerships.
Market growth and trends
Screenless display requires little space and power, which is driving the growth of the market. Additionally, screenless displays have strong security, and security and privacy are expected to propel the growth of the screenless displays market over the forecast period. However, lack of awareness about screenless display technology coupled with limited availability and high cost are some of the factors restraining the growth of the screenless display market. The growing demand for gaming solutions is expected to provide lucrative growth opportunities for the market over the forecast period. The outbreak of the Covid-19 pandemic has affected the growth of the market. Various projects have been canceled and delayed, which has challenged the growth of the screenless display market. A lack of skilled labor or labor has affected the screenless display market and challenged the growth of the market.
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Main conclusions
● In 2021, the visual image segment led the market with the largest market share of 42% and revenue of 0.96 billion.
The product type segment is divided into retinal display, visual image and synaptic interface. In 2021, the visual images segment dominated the market with the largest market share of 42% and revenue of 0.96 billion. The visual images segment has grown through the ability to recognize any image or thing using the naked human eye.
● In 2021, the holographic projection segment accounted for the largest market share, with 43% and revenue of 0.98 billion.
The application segment is divided into head-mounted displays, holographic projection, head-up displays and others. In 2021, the holographic projection segment accounted for the largest market share, with 43% and revenue of 0.98 billion. Holographic projections offer high quality display units, which is driving the growth of the segment.
● In 2021, the healthcare segment accounted for the largest market share, with 33% and revenue of 0.7 billion.
The end-user segment is divided into automotive, consumer electronics, aerospace and defense, healthcare, and commercial. In 2021, the healthcare segment accounted for the largest share of the market, with 33% and a turnover of 0.7 billion. The increasing use of screenless displays in the healthcare industry by doctors during surgical operations to view infected areas of patients is driving the market growth in this segment.
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Regional Segment Analysis of Screenless Display Market
● North America (United States, Canada, Mexico)
● Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
● Asia-Pacific (China, Japan, India, rest of APAC)
● South America (Brazil and Rest of South America)
● Middle East and Africa (UAE, South Africa, Rest of MEA)
Among all regions, North America has emerged as the largest market in the global screenless display market, with a market share of around 39.4% and 0.9 billion in market revenue in 2021. The screenless display market in North America has been growing due to increased investments by leading market players in the development of next-generation screenless display technology. Major government institutions and organizations in North American countries are investing heavily in the development of screenless display technology, propelling the growth of the market.
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Leading players operating in the global Screenless Display Market are:
● Zebra Imaging Inc.
● Avegant Company
● Microsoft Corporation
● BAE systems
● MicroVision Inc.
● RealView Imaging Ltd.
● Seeral technologies SA
● Embedded Synaptics
● Holoxica Ltd.
● Google Inc.
This study forecasts revenue at global, regional and country levels from 2019 to 2030. Brainy Insights has segmented the global screenless display market based on the segments mentioned below:
Global Screenless Display Market by Product Type:
● Retinal display
● Visual image
● Synaptic interface
Global Screenless Display Market by Application:
● Head-mounted display
● Holographic projection
● Head-up display
● Others
Global Screenless Display Market by End User:
● Automotive
● Consumer electronics
● Aeronautics and Defense
● Health
● Commercial
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About the report:
The global screenless display market is analyzed based on value (USD billion). All segments have been analyzed at global, regional and country level. The study includes analysis of more than 30 countries for each part. The report analyzes the drivers, opportunities, restraints and challenges to gain a critical overview of the market. The study includes Porter’s Five Forces Model, Attractiveness Analysis, Commodity Analysis, Supply, Demand Analysis, Competitor Position Grid Analysis, distribution and marketing channel analysis.
About The Brainy Insights:
The Brainy Insights is a market research company, aiming to provide businesses with actionable insights through data analytics to improve their business acumen. We have a robust forecasting and estimating model to meet customers’ high-quality production goals in a short period of time. We provide custom (customer specific) and syndicated reports. Our union reporting repository is diverse across all domain categories and subcategories. Our customized solutions are designed to meet customer needs, whether they are looking to expand or planning to launch a new product in the global market.
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